In today’s recent session, 0.5 million shares of the Zeta Global Holdings Corp (NYSE:ZETA) have been traded, and its beta is 1.19. Most recently the company’s share price was $22.45, and it changed around $0.5 or 2.28% from the last close, which brings the market valuation of the company to $4.87B. ZETA at last check was trading at a discount to its 52-week high of $25.53, offering almost -13.72% off that amount. The share price’s 52-week low was $7.24, which indicates that the recent value has risen by an impressive 67.75% since then. We note from Zeta Global Holdings Corp’s average daily trading volume that its 10-day average is 4.4 million shares, with the 3-month average coming to 3.12 million.

Zeta Global Holdings Corp (NYSE:ZETA) trade information

Instantly ZETA has been showing a green trend so far today with a performance of 2.28% on intraday trading today. The performance over the last five days has remained in the green territory. The rise to weekly highs of 25.53 on recent trading dayincreased the stock’s daily price by 12.06%. The company’s shares are currently up 154.54% year-to-date, but still up 7.01% over the last five days. On the other hand, Zeta Global Holdings Corp (NYSE:ZETA) is 31.13% up in the 30-day period. We can see from the shorts that 11.75 million shares have been sold at a short interest cover period of 4.06 day(s).

The consensus price target as assigned by Wall Street analysts is $23, which translates to bulls needing to increase their stock price by 2.39% from its current value. Analyst projections state that ZETA is forecast to be at a low of $17 and a high of $30.

Zeta Global Holdings Corp (ZETA) estimates and forecasts

Zeta Global Holdings Corp share prices are performing particularly well compared to other companies within the same industry. As is evident from the statistics, the company’s shares have risen 132.88 percent over the past six months and at a 57.14% annual growth rate that is well above the industry average of 14.10%. Moreover, analysts have decided to roll up on their fiscal year 2024 revenue estimates. The rating firms predict that it will gain 77.80% in revenue this quarter, and will report an increase of 31.20% in the next quarter. The year-over-year growth rate is expected to be 27.10%, up from the previous year.

Consensus estimates provided by 12 financial analysts predict the company will bring in an average of 239.76M in revenue for the current quarter. 12 analysts expect Zeta Global Holdings Corp to make 263.41M in revenue for the current ending quarter. The company’s sales for the same quarters a year ago were 188.98M and 210.32M respectively. Analysts predict that the company’s current quarter sales will jump, forecast at 26.90%. Forecasts for the next quarter put sales growth at 25.20%.

Looking at the company’s year-over-year earnings, the past five years showed a negative earnings growth rate of -42.41%. Zeta Global Holdings Corp earnings are expected to increase by 64.17% in 2024, but the outlook is positive 30.00% per year for the next five years.

ZETA Dividends

Zeta Global Holdings Corp’s next quarterly earnings report is expected to be released on 2024-Jul-31.

Zeta Global Holdings Corp (NYSE:ZETA)’s Major holders

Upon looking at major shareholders, it appears that insiders hold 4.60% of Zeta Global Holdings Corp shares, and 71.08% of them are in the hands of institutional investors. The stock currently has a share float of 74.51%. Zeta Global Holdings Corp stock is held by 289.0 institutions, with VANGUARD GROUP INC being the largest institutional investor. By 2024-03-31, it held 10.6687% of the shares, which is about 16.72 million shares worth $182.72 million.

GPI CAPITAL, L.P., with 10.3621% or 16.24 million shares worth $177.47 million as of 2024-03-31, holds the second largest percentage of outstanding shares.